Pinterest (NYSE:PINS) Price Target Raised to $32.00

Pinterest (NYSE:PINS) had its price target lifted by stock analysts at Morgan Stanley from $30.00 to $32.00 in a research note issued on Wednesday. The firm currently has an “overweight” rating on the stock. Morgan Stanley’s price target would indicate a potential upside of 25.05% from the company’s current price.

A number of other research firms also recently issued reports on PINS. JPMorgan Chase & Co. boosted their price target on shares of Pinterest from $20.00 to $25.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. Susquehanna reiterated a “positive” rating on shares of Pinterest in a report on Wednesday. Cantor Fitzgerald reissued an “overweight” rating and issued a $30.00 target price on shares of Pinterest in a research report on Wednesday. Wells Fargo & Company upped their price target on Pinterest from $28.00 to $30.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 7th. Finally, Evercore set a $27.00 price target on Pinterest in a research report on Tuesday, May 5th. Seventeen equities research analysts have rated the stock with a Buy rating and nineteen have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $28.82.

Pinterest Stock Performance

NYSE PINS opened at $25.59 on Wednesday. The stock has a fifty day simple moving average of $21.93 and a 200-day simple moving average of $20.50. The company has a current ratio of 4.23, a quick ratio of 4.23 and a debt-to-equity ratio of 0.34. The stock has a market cap of $14.33 billion, a PE ratio of 53.31, a P/E/G ratio of 1.43 and a beta of 0.90. Pinterest has a twelve month low of $13.84 and a twelve month high of $39.83.

Pinterest (NYSE:PINS) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.07. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.15 billion. Pinterest had a net margin of 7.64% and a return on equity of 8.26%. Pinterest’s revenue was up 18.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.33 EPS. Equities analysts anticipate that Pinterest will post 0.63 earnings per share for the current year.

Insider Buying and Selling

In other Pinterest news, Director Benjamin Silbermann sold 46,875 shares of the stock in a transaction that occurred on Tuesday, July 21st. The shares were sold at an average price of $22.54, for a total transaction of $1,056,562.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Wanjiku Juanita Walcott sold 27,337 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $20.46, for a total transaction of $559,315.02. Following the completion of the transaction, the insider directly owned 724,673 shares of the company’s stock, valued at $14,826,809.58. This represents a 3.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 370,720 shares of company stock valued at $7,892,627 in the last 90 days. Company insiders own 8.09% of the company’s stock.

Institutional Trading of Pinterest

Several hedge funds have recently modified their holdings of PINS. Snowden Capital Advisors LLC grew its stake in Pinterest by 4.4% during the 2nd quarter. Snowden Capital Advisors LLC now owns 7,046 shares of the company’s stock worth $253,000 after purchasing an additional 296 shares in the last quarter. EP Wealth Advisors LLC raised its position in Pinterest by 3.9% in the 2nd quarter. EP Wealth Advisors LLC now owns 9,483 shares of the company’s stock valued at $340,000 after purchasing an additional 358 shares in the last quarter. Simon Quick Advisors LLC boosted its stake in shares of Pinterest by 5.5% in the 4th quarter. Simon Quick Advisors LLC now owns 10,237 shares of the company’s stock valued at $265,000 after buying an additional 535 shares during the period. CIBC Asset Management Inc boosted its stake in shares of Pinterest by 2.2% in the 4th quarter. CIBC Asset Management Inc now owns 26,434 shares of the company’s stock valued at $684,000 after buying an additional 560 shares during the period. Finally, Coyle Financial Counsel LLC grew its position in shares of Pinterest by 5.9% during the fourth quarter. Coyle Financial Counsel LLC now owns 10,589 shares of the company’s stock worth $274,000 after buying an additional 587 shares in the last quarter. 88.81% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Pinterest

Here are the key news stories impacting Pinterest this week:

• Positive Sentiment: Second-quarter revenue rose 18.2% year over year to $1.18 billion, exceeding the $1.15 billion consensus estimate. Adjusted earnings of $0.43 per share also beat expectations of $0.36, while the company raised its full-year margin target. Pinterest Announces Second Quarter 2026 Results
• Positive Sentiment: User growth remained strong: global monthly active users increased 11% to a record 640 million, marking the 11th consecutive quarter of double-digit growth. Pinterest also generated $311 million of adjusted EBITDA and $270 million of free cash flow. Pinterest’s AI Push Pays Off in Record Users and Revenue
• Positive Sentiment: Management’s artificial-intelligence and social-commerce initiatives appear to be gaining traction, helping Pinterest expand engagement and advertising opportunities as it develops into a shopping destination. Pinterest is winning the argument on AI costs and losing the one on growth
• Neutral Sentiment: Pinterest guided to roughly $1.2 billion of third-quarter revenue, broadly in line with analyst expectations. However, the forecast implies slower growth, limiting the benefit of the quarterly earnings beat. Pinterest expects slower quarterly revenue growth as ad competition heats up
• Negative Sentiment: Shares decreased in the immediate post-earnings reaction because investors viewed the outlook as lukewarm. Management cited intensifying digital-ad competition, particularly from Meta’s Instagram, as a risk to growth. Pinterest shares fall on lukewarm sales guidance
• Negative Sentiment: Higher costs resulted in a GAAP net loss of approximately $47 million despite the revenue and adjusted-profit beats, raising concerns about operating leverage and valuation support. Pinterest Sales Climb on Traction With Gen Z

Pinterest Company Profile

Pinterest, Inc operates a visual discovery platform that helps users find inspiration and ideas for projects ranging from home design and fashion to cooking and travel. Users create and curate “Pins” — images or videos linked to content — organized on thematic boards. The service is available through its website and mobile applications and emphasizes personalized recommendations and visual search to surface relevant content based on user interests.

The company’s primary revenue model is advertising, offering promoted content formats that integrate into user feeds and search results.